- Major resistance - 16985 (11 May High)
- Major support - 16350 (100 day 4H MA)
- Nikkei index has slightly recovered after making a low of 16409 at the time of writing. It is currently trading around 16562.
- Short term trend is slightly bearish as long as resistance 17000 holds.
- The index major resistance is around 17000 and any break above will take the index to next level 17300/17525.The minor resistance is at 16800.
- On the lower side major support is around 16350 (100 day 4H MA) and break below targets till 16200/16000/15800 in short term.
- Short term trend reversal can be seen only below 15000.
It is good to sell on rallies around 16750 with SL around 17000 for the TP of 16355/16200


FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/ZAR bears maintain upper hand
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro- Woodies Pivot(Major) 



